Brenmiller Energy Ltd(BNRG)Earnings, Financials & Key Ratios
BNRG•NASDAQ•Utilities
$2.40
$196238 mkt cap·Price updated May 6, 2026
AboutBrenmiller Energy Ltd. engages in development, production, marketing, and sale of thermal energy storage systems based on technology that enables heat storage at high temperatures in crushed volcanic rock. Its TES system dispatches thermal energy on demand in the form of steam, which can be saturated for industrial use, or in the form of a superheated steam, which can be used to activate steam turbines in utility scale projects. The company markets its proprietary TES system under the name bGen. Brenmiller Energy Ltd was incorporated in 2012 and is based in Rosh HaAyin, Israel.Show more
- Revenue$387K
- EBITDA-$12M-18.8%
- Net Income-$14M-105.3%
- Free Cash Flow-$11M-9.6%
- EBITDA Margin-3146.77%
- Net Margin-3593.02%
- ROE-348.5%-89.5%
- Interest Coverage-32.58+15.5%
- Debt/Equity1.67+55.5%
- CapEx / Revenue102.84%
- CapEx Coverage-26.13+5.7%
BNRG Key Insights
Brenmiller Energy Ltd (BNRG) fundamental analysis — strengths, weaknesses & financial health based on data analysis
✓Strengths
- ✓Share count reduced 45.3% through buybacks
- ✓Trading at only 0.1x book value
✗Weaknesses
- ✗Weak momentum: RS Rating 1 (bottom 1%)
- ✗Trading more than 30% below 52-week high
* These insights are generated automatically based on available financial data. Please conduct your own research before making investment decisions.
BNRG Price & Volume
Brenmiller Energy Ltd (BNRG) stock price & volume — 10-year historical chart
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BNRG Growth Metrics
Brenmiller Energy Ltd (BNRG) revenue, earnings & EPS growth — 3, 5 & 10-year CAGR
Revenue CAGR
10 Years-
5 Years-
3 Years-36.62%
TTM843.9%
Profit CAGR
10 Years-
5 Years-
3 Years-
TTM-104.71%
EPS CAGR
10 Years-
5 Years-
3 Years-
TTM-74.62%
Return on Capital
10 Years-125.18%
5 Years-131.41%
3 Years-130.6%
Last Year-155.46%
BNRG Peer Comparison
Brenmiller Energy Ltd (BNRG) competitors in Grid, Storage and Power Equipment — business model, growth, and fundamentals comparison
| Company | Market Cap | Stock Price | P/E Ratio (TTM) | Revenue Growth 1Y | Net Margin | Return on Equity (ROE) | FCF Yield | Debt / Equity |
|---|---|---|---|---|---|---|---|---|
 STEM | 91.07M | 10.69 | -1.16 | 8.08% | 94.16% | |||
 NRGV | 728.22M | 4.21 | -6.48 | 340.86% | -52.97% | -146.8% | 1.07 | |
 GREE | 19.44M | 1.24 | -0.66 | -15.42% | ||||
 FLUX | 28.38M | 1.33 | -3.33 | 9.22% | -8.36% | -67.4% | ||
 AMRC | 1.67B | 31.55 | 38.01 | 9.16% | 1.59% | 2.86% | 1.73 | |
 CLNE | 491.3M | 2.24 | -2.22 | 2.16% | -52.22% | -39.29% | 0.18 | |
 SHLS | 1.4B | 8.33 | 41.65 | 19.07% | 6.27% | 5.67% | 0.29 | |
 GE | 319.54B | 305.83 | 37.48 | 18.48% | 17.91% | 45.85% | 1.08 |
Compare BNRG vs Peers
Brenmiller Energy Ltd (BNRG) vs competitors — business, growth, and fundamentals comparison against the closest industry rivals.
BNRG Income Statement
Brenmiller Energy Ltd (BNRG) annual income statement — 10-year revenue, gross profit & net income history
10Y historyFree accessUpdated daily
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | 0 | 0 | 92.9K | 0 | 395K | 1.52M | 621K | 0 | 387K | 387K |
| Revenue Growth % | - | - | - | -100% | - | 284.81% | -59.14% | -100% | - | 843.9% |
| Cost of Revenue | 105.64K | 84.56K | 643.84K | 122K | 4.05M | 1.94M | 1.55M | 985K | 4.01M | 2.43M |
| Gross Profit | -105.64K▲ 0% | -84.56K▲ 20.0% | -550.94K▼ 551.6% | -122K▲ 77.9% | -3.66M▼ 2896.7% | -415K▲ 88.6% | -934K▼ 125.1% | -985K▼ 5.5% | -3.63M▼ 268.2% | -2.04M▲ 0% |
| Gross Margin % | - | - | -593.05% | - | -925.57% | -27.3% | -150.4% | - | -937.21% | -528.42% |
| Gross Profit Growth % | - | 19.96% | -551.57% | 77.86% | -2896.72% | 88.65% | -125.06% | -5.46% | -268.22% | - |
| Operating Expenses | 4.69M | 6.38M | 4.21M | 9.21M | 7.18M | 11.31M | 8.93M | 9.58M | 9.11M | 9.71M |
| Other Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| EBITDA | -4.69M | -6.38M | -4.12M | -8.61M | -11.71M | -11.33M | -9.59M | -10.25M | -12.18M | -11.3M |
| EBITDA Margin % | - | - | -4433.53% | - | -2963.29% | -745.39% | -1543.64% | - | -3146.77% | -2920.93% |
| EBITDA Growth % | -23.83% | -35.99% | 35.44% | -109.1% | -35.91% | 3.2% | 15.39% | -6.91% | -18.83% | -15.01% |
| Depreciation & Amortization | 105.64K | 84.56K | 640.75K | 717.93K | 250K | 298K | 274K | 314K | 561K | 455K |
| D&A / Revenue % | - | - | 689.73% | - | 63.29% | 19.61% | 44.12% | - | 144.96% | 117.57% |
| Operating Income (EBIT) | -4.8M▲ 0% | -6.46M▼ 34.8% | -4.76M▲ 26.4% | -9.33M▼ 96.0% | -11.96M▼ 28.1% | -11.63M▲ 2.7% | -9.86M▲ 15.2% | -10.56M▼ 7.1% | -12.74M▼ 20.6% | -11.76M▲ 0% |
| Operating Margin % | - | - | -5123.26% | - | -3026.58% | -765% | -1587.76% | - | -3291.73% | -3038.5% |
| Operating Income Growth % | -21.15% | -34.75% | 26.38% | -96.03% | -28.13% | 2.74% | 15.2% | -7.12% | -20.61% | - |
| Interest Expense | 0 | 0 | 504.91K | 372K | 269K | 109K | 112K | 268K | 391K | 20K |
| Interest Coverage | - | - | -23.16x | -24.47x | -37.47x | -100.92x | -85.25x | -38.56x | -32.58x | - |
| Interest / Revenue % | - | - | 543.5% | - | 68.1% | 7.17% | 18.04% | - | 101.03% | 5.17% |
| Non-Operating Income | -1000K | -726.51K | -1000K | -144.76K | -145K | 591K | 212K | 1000K | -1000K | -886K |
| Pretax Income | -8.39M▲ 0% | -7.19M▲ 14.3% | -12.15M▼ 69.0% | -9.47M▲ 22.0% | -11.02M▼ 16.3% | -11.07M▼ 0.5% | -9.65M▲ 12.8% | -6.77M▲ 29.8% | -13.9M▼ 105.3% | -12.64M▲ 0% |
| Pretax Margin % | - | - | -13081.88% | - | -2789.11% | -728.09% | -1553.62% | - | -3593.02% | -3267.44% |
| Income Tax | -4 | 1.67K | 0 | 0 | 0 | -416K | 0 | 0 | 0 | 0 |
| Effective Tax Rate % | 0% | -0.02% | 0% | 0% | 0% | 3.76% | 0% | 0% | 0% | 0% |
| Net Income | -8.39M▲ 0% | -7.19M▲ 14.3% | -12.15M▼ 69.0% | -9.48M▲ 22.0% | -11.02M▼ 16.2% | -11.07M▼ 0.5% | -9.65M▲ 12.8% | -6.77M▲ 29.8% | -13.9M▼ 105.3% | -12.64M▲ 0% |
| Net Margin % | - | - | -13081.88% | - | -2789.11% | -728.09% | -1553.62% | - | -3593.02% | -3267.44% |
| Net Income Growth % | 10.62% | 14.25% | -68.96% | 21.99% | -16.2% | -0.45% | 12.82% | 29.81% | -105.33% | -104.71% |
| EPS (Diluted) | -58.10▲ 0% | -39.20▲ 32.5% | -56.35▼ 43.7% | -41.65▲ 26.1% | -59.85▼ 43.7% | -264.95▼ 342.7% | -174.65▲ 34.1% | -45.15▲ 74.1% | -285.70▼ 532.8% | -225.18▲ 0% |
| EPS Growth % | 92.04% | 32.53% | -43.75% | 26.09% | -43.7% | -342.69% | 34.08% | 74.15% | -532.78% | -74.62% |
| EPS (Basic) | -58.10 | -39.20 | -56.35 | -41.65 | -60.55 | -264.95 | -174.65 | -45.15 | -285.70 | - |
| Diluted Shares Outstanding | 144.15K | 182.97K | 215.94K | 227.15K | 173.13K | 41.79K | 55.77K | 149.59K | 81.76K | 56.16K |
BNRG Balance Sheet
Brenmiller Energy Ltd (BNRG) balance sheet — assets, liabilities & shareholders' equity
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Total Assets | 10.57M | 17.15M | 8.69M | 9.02M | 14.6M | 12.38M | 10.59M | 11.91M | 12.49M | 9.34M |
| Asset Growth % | 891.59% | 62.24% | -49.33% | 3.84% | 61.79% | -15.16% | -14.45% | 12.46% | 4.88% | -40.92% |
| PP&E (Net) | 820.93K | 11.92M | 7.27M | 5.2M | 5.28M | 3.34M | 5.71M | 5.45M | 5.26M | 4.98M |
| PP&E / Total Assets % | 7.77% | 69.53% | 83.63% | 57.67% | 36.17% | 26.97% | 53.87% | 45.76% | 42.08% | 53.3% |
| Total Current Assets | 9.66M | 3.25M | 845.11K | 3.65M | 9.14M | 8.72M | 4.57M | 6.3M | 6.96M | 4.16M |
| Cash & Equivalents | 9.28M | 2.75M | 493.05K | 2.33M | 8.28M | 6.51M | 3.18M | 4.1M | 4.95M | 2.13M |
| Receivables | 377.63K | 496.15K | 352.06K | 1000K | 715K | 1000K | 478K | 253K | 283K | 0 |
| Inventory | -408.95K | -2.51M | -492.86K | 226.73K | 95K | 935K | 607K | 1.57M | 1.58M | 1.24M |
| Other Current Assets | 0 | 0 | 492.86K | 0 | 47K | 34K | 86K | 58K | 34K | 33K |
| Long-Term Investments | 84.97K | 1.42M | 123.05K | 171.61K | 179K | 85K | 85K | 74K | 275K | 380K |
| Goodwill | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Intangible Assets | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Assets | 0 | 556.1K | 454.26K | 0 | 0 | 373K | 233K | 86K | 0 | 91K |
| Total Liabilities | 1.46M | 8.33M | 9.25M | 9.33M | 9.05M | 9.72M | 7.71M | 7.43M | 9M | 8.15M |
| Total Debt | 99.09K | 6M | 7.81M | 6.07M | 3.41M | 6.65M | 5.61M | 4.82M | 5.84M | 5.23M |
| Net Debt | -9.18M | 3.25M | 7.32M | 3.74M | -4.87M | 139K | 2.42M | 722K | 898K | 3.11M |
| Long-Term Debt | 0 | 353.78K | 20.84K | 2.21M | 0 | 4.25M | 4.46M | 4.3M | 3.4M | 4.88M |
| Short-Term Borrowings | 99.09K | 5.64M | 5.49M | 980K | 5K | 853K | 0 | 0 | 2.07M | 0 |
| Capital Lease Obligations | 0 | 25.14K | 2.3M | 2.87M | 3.4M | 1.54M | 1.14M | 520K | 382K | 1.74M |
| Total Current Liabilities | 1.03M | 7.94M | 7.08M | 3.52M | 4.16M | 2.65M | 2.72M | 2.8M | 5.22M | 3.2M |
| Accounts Payable | 271.34K | 1.04M | 242.91K | 241K | 264K | 246K | 321K | 276K | 133K | 333K |
| Accrued Expenses | 451.08K | 489.46K | 353.79K | 1M | 871K | 0 | 1.39M | 0 | 580K | 1.62M |
| Deferred Revenue | 0 | 0 | 0 | 676.47K | 1.09M | 418K | 387K | 387K | 667K | 0 |
| Other Current Liabilities | 209.99K | 767.53K | 470.12K | 76.1K | 967K | 529K | 9K | 1.63M | 1.78M | 2.58M |
| Deferred Taxes | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Liabilities | 424.58K | 9.39K | 368.85K | 1.27M | 2.45M | 0 | 0 | 310K | 0 | 4K |
| Total Equity | 9.11M▲ 0% | 8.82M▼ 3.2% | -557.61K▼ 106.3% | -306.15K▲ 45.1% | 5.54M▲ 1910.5% | 2.66M▼ 51.9% | 2.88M▲ 8.1% | 4.49M▲ 55.8% | 3.49M▼ 22.1% | 1.19M▲ 0% |
| Equity Growth % | 129.96% | -3.25% | -106.33% | 45.1% | 1910.53% | -51.94% | 8.11% | 55.76% | -22.11% | -51.97% |
| Shareholders Equity | 9.11M | 8.82M | -557.61K | -306.15K | 5.54M | 4.63M | 2.88M | 4.49M | 3.49M | 1.19M |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Common Stock | 33.7K | 36.4K | 44.59K | 63K | 79K | 88K | 124K | 124K | 124K | 124K |
| Additional Paid-in Capital | 12.07M | 17.59M | 21.32M | 29.96M | 45.65M | 91.9M | 100.24M | 108.61M | 121.53M | 112.78M |
| Retained Earnings | -60.23M | -62.87M | -80.56M | -96.81M | -95.69M | -85.78M | -95.43M | -102.2M | -116.11M | -109.65M |
| Accumulated OCI | 57.23M | 54.06M | 58.63M | 55.01M | 55.5M | 56.83M | -2.05M | -2.05M | -2.05M | -2.05M |
| Return on Assets (ROA) | -144.21% | -51.91% | -94.09% | -107.07% | -93.29% | -82.04% | -83.98% | -60.17% | -113.93% | -118.99% |
| Return on Equity (ROE) | -92.06% | -80.25% | -294.34% | - | -420.75% | -269.7% | -348.05% | -183.87% | -348.5% | -445.32% |
| Debt / Equity | 0.01x | 0.68x | - | - | 0.61x | 2.50x | 1.95x | 1.08x | 1.67x | 1.67x |
| Debt / Assets | 0.94% | 35.01% | 89.88% | 67.28% | 23.34% | 53.68% | 52.91% | 40.48% | 46.76% | 56.04% |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.27x |
| Book Value per Share | 63.21 | 48.18 | -2.58 | -1.35 | 32.02 | 63.74 | 51.64 | 29.99 | 42.74 | 21.24 |
BNRG Cash Flow Statement
Brenmiller Energy Ltd (BNRG) cash flow — operating, investing & free cash flow history
| Line item | Dec'17 | Dec'18 | Dec'19 | Dec'20 | Dec'21 | Dec'22 | Dec'23 | Dec'24 | Dec'25 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash from Operations | -4.73M | -6.03M | -4.85M | -3.4M | -8.02M | -11.69M | -6.92M | -9.51M | -10.4M | -10.4M |
| Operating CF Growth % | -55.06% | -27.5% | 19.53% | 29.94% | -136.12% | -45.79% | 40.81% | -37.34% | -9.38% | -161.51% |
| Operating CF / Revenue % | - | - | -5219.64% | - | -2030.63% | -769.34% | -1114.65% | - | -2687.08% | -2687.08% |
| Net Income | -8.39M | -7.19M | -12.15M | -9.48M | -10.35M | -11.07M | -9.65M | -6.77M | -13.9M | -12.64M |
| Depreciation & Amortization | 105.64K | 84.56K | 640.75K | 678K | 250K | 239K | 120K | 228K | 561K | 455K |
| Deferred Taxes | 0 | 0 | -2.08M | 3.91M | 150K | 511K | -1.5M | 0 | 0 | 0 |
| Other Non-Cash Items | 4.18M | -345.73K | 10M | 1.24M | 109K | -462K | 1.37M | -3.5M | 1.89M | 1.05M |
| Working Capital Changes | -7.23K | 928.16K | -1.3M | 121K | 1.58M | -2.38M | 954K | -848K | 1.06M | -236K |
| Capital Expenditures | -505.15K | -11.86M | 3.31M | -439K | -240K | -1.47M | -2.65M | -343K | -398K | -275K |
| CapEx / Revenue % | - | - | 3563.75% | - | 60.76% | 96.38% | 427.38% | - | 102.84% | 71.06% |
| CapEx / D&A | 4.78x | 140.22x | 5.17x | 0.65x | 0.96x | 6.13x | 22.12x | 1.50x | 0.71x | 0.60x |
| CapEx Coverage (OCF/CapEx) | -9.36x | -0.51x | -1.46x | -7.74x | -33.42x | -7.98x | -2.61x | -27.72x | -26.13x | -37.81x |
| Cash from Investing | -414.79K | -15.31M | 3.31M | -360K | -238K | -1.36M | -2.61M | -422K | -398K | -310K |
| Acquisitions | 48.65K | 0 | 429.97K | 20.94K | 0 | -33K | 43K | 0 | 57K | 0 |
| Purchase of Investments | 0 | -3.45M | -3.89M | -79.67K | 0 | -33K | 0 | 0 | -226K | 0 |
| Sale of Investments | 41.7K | 0 | 3.34M | 58.74K | 0 | 33K | 0 | 0 | 0 | 0 |
| Other Investing | 93.4K | -3.88M | 3.89M | 79K | 2K | 136K | 2K | -79K | -12K | -118K |
| Cash from Financing | 13.6M | 13.17M | 1.1M | 5.72M | 14.2M | 11.2M | 6.36M | 10.94M | 11.5M | 6.31M |
| Dividends Paid | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Dividend Payout Ratio % | - | - | - | - | - | - | - | - | - | - |
| Debt Issuance (Net) | 62.65K | 1000K | -1000K | -520K | -965K | 1000K | 0 | 1000K | 0 | 0 |
| Stock Issued | 11.65M | 7.4M | 2.23M | 7.35M | 15.68M | 7.17M | 6.26M | 10.94M | 11.41M | 0 |
| Share Repurchases | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Other Financing | 14M | 7.59M | 4.81M | -1.11M | -534K | 0 | 104K | -3.18M | 94K | 6.31M |
| Net Change in Cash | 8.84M▲ 0% | -6.53M▼ 173.8% | -2.26M▲ 65.4% | 1.93M▲ 185.2% | 6M▲ 211.6% | -1.77M▼ 129.5% | -3.33M▼ 87.6% | 913K▲ 127.5% | 815K▼ 10.7% | 0▲ 0% |
| Exchange Rate Effect | 0 | 0 | -1.82M | -40K | 63K | -786K | -156K | -97K | 112K | 67K |
| Cash at Beginning | 439.68K | 9.28M | 2.75M | 352K | 2.28M | 8.28M | 6.54M | 3.22M | 4.13M | 0 |
| Cash at End | 9.28M | 2.75M | 493.05K | 2.28M | 8.28M | 6.51M | 3.22M | 4.13M | 4.95M | 0 |
| Free Cash Flow | -5.23M▲ 0% | -17.88M▼ 241.8% | -1.54M▲ 91.4% | -3.84M▼ 149.4% | -8.26M▼ 115.4% | -11.57M▼ 40.0% | -9.58M▲ 17.2% | -9.85M▼ 2.9% | -10.8M▼ 9.6% | -11.18M▲ 0% |
| FCF Growth % | -69.22% | -241.82% | 91.4% | -149.36% | -115.35% | -40.01% | 17.21% | -2.86% | -9.61% | -30.38% |
| FCF Margin % | - | - | -1655.89% | - | -2091.39% | -760.92% | -1542.03% | - | -2789.92% | -2889.92% |
| FCF / Net Income % | 62.37% | 248.61% | 12.66% | 40.46% | 74.98% | 104.51% | 99.25% | 145.45% | 77.65% | 88.45% |
BNRG Key Ratios
Brenmiller Energy Ltd (BNRG) financial ratios — P/E, ROE, debt and 30+ core market and balance-sheet ratios
| Metric | 2017 | 2018 | 2019 | 2020 | 2021 | 2022 | 2023 | 2024 | 2025 | TTM |
|---|---|---|---|---|---|---|---|---|---|---|
| Return on Equity (ROE) | -92.06% | -80.25% | -294.34% | - | -420.75% | -269.7% | -348.05% | -183.87% | -348.5% | -445.32% |
| EBITDA Margin | - | - | -4433.53% | - | -2963.29% | -745.39% | -1543.64% | - | -3146.77% | -2920.93% |
| Net Debt / EBITDA | - | - | - | - | - | - | - | - | - | -0.27x |
| Interest Coverage | - | - | -23.16x | -24.47x | -37.47x | -100.92x | -85.25x | -38.56x | -32.58x | - |
| CapEx / Revenue | - | - | 3563.75% | - | 60.76% | 96.38% | 427.38% | - | 102.84% | 71.06% |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | 0% |
| Debt / Equity | 0.01x | 0.68x | - | - | 0.61x | 2.50x | 1.95x | 1.08x | 1.67x | 1.67x |
| EPS Growth | 92.04% | 32.53% | -43.75% | 26.09% | -43.7% | -342.69% | 34.08% | 74.15% | -532.78% | -74.62% |
BNRG Frequently Asked Questions
Brenmiller Energy Ltd (BNRG) stock FAQ — growth, dividends, profitability & financials explained
Growth & Financials
Brenmiller Energy Ltd (BNRG) reported $0.4M in revenue for fiscal year 2025.
Brenmiller Energy Ltd (BNRG) grew revenue by 0.0% over the past year. Growth has been modest.
Brenmiller Energy Ltd (BNRG) reported a net loss of $12.6M for fiscal year 2025.
Dividend & Returns
Brenmiller Energy Ltd (BNRG) has a return on equity (ROE) of -348.5%. Negative ROE indicates the company is unprofitable.
Brenmiller Energy Ltd (BNRG) had negative free cash flow of $11.2M in fiscal year 2025, likely due to heavy capital investments.
Industry Metrics
Brenmiller Energy Ltd (BNRG) has a dividend payout ratio of 0%. This suggests the dividend is well-covered and sustainable.
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Brenmiller Energy Ltd (BNRG) financial analysis — history, returns, DCA and operating performance tools
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